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INSIGHT: Black Sea Geopolitical tensions set to increase Ammonia and Urea production costs

INSIGHT: Black Sea Geopolitical tensions set to increase Ammonia and Urea production costs

Against the backdrop of a tense geopolitical situation and civil unrest, the Ukrainian nitrogen industry is awaiting April’s 30% hike in the price of Russian natural gas imports that will increase ammonia and urea production costs and place upward price pressure on exports.

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